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Mangalore Refinery to raise funds upto Rs 5000 crore

05 Sep 2020 Evaluate

Mangalore Refinery and Petrochemicals (MRPL) is planning to raise funds upto Rs 5000 crore through Non-Convertible Debentures (NCDs) / Bonds. The company has been scheduled board meeting on September 18, 2020 to consider and obtain shareholders approval.

MRPL is engaged in the business of refining crude oil. It offers high speed diesel oil, fuel oil and motor spirit. It operates as a subsidiary of Oil and Natural Gas Corporation.

Peers
Company Name CMP
Reliance Industries 1240.80
Indian Oil Corpn. 134.10
Bharat PetroleumCorp 306.80
HPCL 350.45
MRPL 163.80
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